IVG Trust acquired 2,66,565 shares of Vadilal Industries Limited, representing a 3.71% stake, through a direct transfer. This transaction was executed as an inter-se promoter transfer from Virendrabhai Ramchandra Gandhi.
A dairy products manufacturer specializing in ice cream and frozen desserts, the company traces its origins to 1907 when it began operations using traditional production methods. It produces a diverse range of dairy-based products distributed through retail outlets and distribution networks across India. The company maintains its heritage of artisanal craftsmanship while operating modern manufacturing facilities to serve the Indian consumer market.
